As the recession begins to lose steam, we have seen a return of risk-taking in the technology industry. Here’s a look at the latest news in the industry.
Dell Inc plans to buy Perot Systems Corp for about $3.9 billion, paying a steep 67.5% premium to expand its technology services business and compete with Hewlett-Packard Co and IBM. Read more…
The acquisition announced this week will transform Xerox from a document management company to a multidimensional enterprise with business process management and system integration capabilities gained from ACS. Read more…
Suddenly, there are mergers and acquisitions, IPOs, and investors galore. Will the reenergized industry lead the US out of the Great Recession? Read more…
Indexes were boosted Monday by a fresh batch of M&A announcements, with deals involving big-name tech and pharma firms. Read more…
Speaking to securities analysts, HP CEO Mark Hurd says the company’s broad product portfolio and global presence will enable it to expand its reach worldwide as the world’s economies recover from the recession. Read more…